Cottonwood Shores, TX vs Lake Worth, TX

Cottonwood Shores is moderately more affordable than Lake Worth, with a 11.8% lower cost of living index. Cottonwood Shores scores 83 compared to 94 for Lake Worth, where the US average is 100. This difference means residents of Lake Worth can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cottonwood Shores is $996/month compared to $1,342/month in Lake Worth — a 26% difference. Interestingly, home values tell a different story: while Cottonwood Shores has cheaper rent, Lake Worth actually has lower median home values ($210,700 vs $236,200).

Median household income in Cottonwood Shores is $64,716 compared to $83,869 in Lake Worth (-22.8%). While Lake Worth is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cottonwood Shores spend roughly 18.5% of their income on rent, less than the 19.2% in Lake Worth.